#PIVC 2020

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Global Vascular Access Devices Market Assessment 2031

Global vascular access devices market is projected to witness a CAGR of 5.83% during the forecast period 2024-2031, growing from USD 3.63 billion in 2023 to USD 5.71 billion in 2031. With increasing disease burden, rising hospitalization, and an improved healthcare system, the market of vascular access devices is anticipated to expand at a notable pace during the forecast period.

Vascular access devices are insertions used to administer drugs, fluids, blood, and nutrients in blood vessels. These devices include peripherally inserted central catheters (PICCs), central venous catheters, implantable ports, and peripheral intravenous catheters (PIVCs). With the never-ending evolution of healthcare services and medical devices, vascular access devices have evolved in terms of design, material, and integration of imaging technologies in it. Advancements in vascular access devices have improved biocompatibility, flexibility, and the adoption of novel materials, enhancing patient outcomes and quality of life. The rising demand for vascular access devices is driven by the growing burden of lifestyle diseases, technological advancements, and the need for minimally invasive procedures. Manufacturers are consistently working to enhance device design and materials to improve patient outcomes and reduce complications.

For instance, in May 2024, Teleflex Incorporated launched the Arrow EZ-IO Intraosseous Access Procedure Tray, enhancing its intraosseous vascular access portfolio. It includes all necessary components for intraosseous access, featuring the first FDA-cleared battery-powered driver that can be utilized in sterile environments. The tray is designed for quick and precise insertion, addressing the challenges clinicians face in obtaining vascular access during emergencies. However, risks associated with long-term use of catheters, such as infections and sepsis may pose challenges for market growth.

Rising Burden of Chronic Diseases to Increase the Market Size

The chronic disease burden is on a rise globally, owing to the increasing prevalence of chronic diseases, such as cancer, cardiovascular and urological disorders, and others, which necessitates frequent and long-term vascular access for treatments such as chemotherapy, dialysis, and medication administration, thereby driving the demand for various types of vascular access devices, including central venous catheters and peripheral IV catheters. Another factor contributing to the growing burden is the rising geriatric population, highly prone to catching such diseases. With the ongoing scenario, the future demand for vascular access devices is anticipated to increase further.

For instance, the National Institute of Health (NIH), anticipates that the number of adults 50 years and older suffer from at least one chronic disease, which will increase by 99.5% from 71.522 million in 2020 to 142.66 million in 2050. An estimated 48 million people, or 47% of all deaths globally, are expected to die from severe health-related suffering by 2060, an 87% increase from 26 million in 2016. It is anticipated that 83% of these deaths will occur in low and middle-income countries. As per World Health Organization (WHO) estimates, by 2050, there will be twice as many people 60 years or older on the planet with the population of 2.1 billion.

Design Improvements to Drive Market Demand

The established types of vascular access devices include central venous catheters (CVCs), arteriovenous fistulas (AVFs), and arteriovenous grafts (AVGs). Innovations in CVC tip and coating design have improved patency and blood flow rates. AVFs are preferred over CVCs as they are less prone to clotting and infection while providing reliable and adequate blood flow rates. With such design enhancements, the AVF creation devices have significant traction leading to market growth. Market players are taking chances to launch innovative products with enhanced designs. For instance, in September 2023, Laminate Medical Technologies announced that it received US-FDA clearance for its VasQ External Vascular Support device, designed to create AVFs for dialysis access. Notably, 80% of patients in trials using VasQ were able to remove central venous catheters within their first year of treatment, reducing the risk of infection compared to traditional AVFs. The VasQ device provides structural reinforcement to the vessels during AVF creation, promoting better arterial flow and functionality.

Drug Administration Application to Dominate Vascular Access Devices Market Share

The drug administration application of the vascular access devices market is anticipated to cover the highest market share. As these devices provide reliable, long-term access to the bloodstream, which is essential for patients needing frequent or prolonged intravenous therapies, such as chemotherapy or chronic disease management, reducing complications associated with traditional IV lines, such as infections and vein irritation, by minimizing the need for repeated needle sticks. A recent study published in the British Medical Journal in July 2024 examined the effectiveness of vascular access devices (VADs) in reducing infection rates among hospitalized patients. The study concluded that VADs along with specific safety measures reduce the chances of infection.

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North America Dominates the Global Vascular Access Devices Market Share

North America is anticipated to hold major market share of the global vascular access devices market. North America’s leadership in the demand for vascular access devices is attributed to its advanced healthcare infrastructure, rising prevalence of chronic diseases, technological innovations, supportive regulations, and demographic trends favoring increased healthcare needs. According to the United States Renal Data System 2023 Annual Data Report, published in April 2024, more than 85% of individuals who began hemodialysis used a catheter. Additionally, nearly three-quarters of the United States population started without permanent access, a significant increase from about 65% in 2018. This rise in number clearly shows an increasing consumption of such devices in North America causing it to hold the largest market share among other regions.

Future Market Scenario (2024 – 2031F)

The vascular access devices market has witnessed several remarkable futuristic advancements that are anticipated to shape the future of such devices. These advancements include wearable technology, remote monitoring of atrioventricular flow, use of biocompatible materials for product design, 3D printing technology, image-guided vascular access devices, and others. The USFDA approval of WavelinQ and Ellipsys, two vascular access devices that facilitate the creation of arteriovenous fistulas (AVFs) using minimally invasive techniques has paved a new path for more products in line with endovascular fistula creation. The of the most revolutionary advancement is the image-guided vascular access system, Ultreon 1.0 launched by Abbott in October 2023. This platform uses near-infrared light to provide high-definition, precise imaging from within the blood vessels, allowing the healthcare professional precise access to blood vessels even in the most complex anatomies.

Report Scope

“Vascular Access Devices Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of global vascular access devices market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

Click here for full report- https://www.marketsandata.com/industry-reports/vascular-access-devices-market

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Peripheral Intravenous Catheters (PIVC) Market - Global Outlook and Forecast 2021-2027

This report contains market size and forecasts of Peripheral Intravenous Catheters (PIVC) in global, including the following market information:

Global Peripheral Intravenous Catheters (PIVC) Market Revenue, 2016-2021, 2022-2027, ($ millions)

Global Peripheral Intravenous Catheters (PIVC) Market Sales, 2016-2021, 2022-2027, (K Units)

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Global top five Peripheral Intravenous Catheters (PIVC) companies in 2020 (%)

The global Peripheral Intravenous Catheters (PIVC) market was valued at xx million in 2020 and is projected to reach US$ xx million by 2027, at a CAGR of xx% during the forecast period.

We surveyed the Peripheral Intravenous Catheters (PIVC) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Peripheral Intravenous Catheters (PIVC) Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Units)

Global Peripheral Intravenous Catheters (PIVC) Market Segment Percentages, By Type, 2020 (%)

Ported Peripheral Intravenous Catheters (PIVC)

Non-Ported Peripheral Intravenous Catheters (PIVC)

Global Peripheral Intravenous Catheters (PIVC) Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Units)

Global Peripheral Intravenous Catheters (PIVC) Market Segment Percentages, By Application, 2020 (%)

Hospitals

Clinics

ASCs

Other

Global Peripheral Intravenous Catheters (PIVC) Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Units)

Global Peripheral Intravenous Catheters (PIVC) Market Segment Percentages, By Region and Country, 2020 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Peripheral Intravenous Catheters (PIVC) revenues in global market, 2016-2021 (Estimated), ($ millions)

Key companies Peripheral Intravenous Catheters (PIVC) revenues share in global market, 2020 (%)

Key companies Peripheral Intravenous Catheters (PIVC) sales in global market, 2016-2021 (Estimated), (K Units)

Key companies Peripheral Intravenous Catheters (PIVC) sales share in global market, 2020 (%)

Further, the report presents profiles of competitors in the market, key players include:

BD Medical

C.R. Bard

Smiths Medical

B. Braun Melsungen

Terumo Medical

Retractable Technologies

NIPRO Medical

Hospira

GaltNeedleTech

Teleflex

Vygon

Medline Industries

Dukwoo Medical

Vigmed

MVM Life Science Partners

Shanghai Puyi Medical Instruments

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Table of content

1 Introduction to Research & Analysis Reports 1.1 Peripheral Intravenous Catheters (PIVC) Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Peripheral Intravenous Catheters (PIVC) Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Peripheral Intravenous Catheters (PIVC) Overall Market Size 2.1 Global Peripheral Intravenous Catheters (PIVC) Market Size: 2021 VS 2027 2.2 Global Peripheral Intravenous Catheters (PIVC) Revenue, Prospects & Forecasts: 2016-2027 2.3 Global Peripheral Intravenous Catheters (PIVC) Sales (Consumption): 2016-2027 3 Company Landscape 3.1 Top Peripheral Intravenous Catheters (PIVC) Players in Global Market 3.2 Top Global Peripheral Intravenous Catheters (PIVC) Companies Ranked by Revenue 3.3 Global Peripheral Intravenous Catheters (PIVC) Revenue by Companies 3.4 Global Peripheral Intravenous Catheters (PIVC) Sales by Companies 3.5 Global Peripheral Intravenous Catheters (PIVC) Price by Manufacturer (2016-2021) 3.6 Top 3 and Top 5 Peripheral Intravenous Catheters (PIVC) Companies in Global Market, by Revenue in 2020 3.7 Global Manufacturers Peripheral Intravenous Catheters (PIVC) Product Type 3.8 Tier 1, Tier 2 and Tier 3

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Intravascular Catheters Market Projected To Expand At A CAGR 11.8% For The Forecast Period 2019 To 2025 : Grand View Research Inc.

Intravascular Catheters Market Projected To Expand At A CAGR 11.8% For The Forecast Period 2019 To 2025 : Grand View Research Inc.

San Francisco, 28 February 2020: The Report Intravascular Catheters Market Analysis Report By Product (Short, Integrated/Closed PIVCs), By Application, By End Use (Hospitals, Clinics, ASC, Homecare), By Region, And Segment Forecasts, 2019 – 2025

The global intravascular catheters market size is expected to reach USD 8.8 billion by 2025, according to a new report by Grand View Research, Inc.,…

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Global Peripheral I.V. Catheter Sales Market Shares, Emerging Technologies, Leisure Application & Gross Revenues 2016

Global Peripheral I.V. Catheter Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020.

The market intelligence publication delves into the condition of the global Peripheral I.V. Catheter market. An in-depth examination of the existing market state, past progress, and forthcoming prospects of the global Peripheral I.V. Catheter market has been presented in the research report. The research publication also reports the chief strategies, key market shares, and product portfolio of the principal participants in work in the global Peripheral I.V. Catheter market.

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The research report provides an intrusive insight into the global market for Peripheral I.V. Catheter based on principal parameters such as technology, end user, products, applications, and geographical segments. The assessed volume and revenue progress of the global market for Peripheral I.V. Catheter over the coming years has also been stated in the market intellect publication. The study furthermore deals with the key geographical subdivisions of the global Peripheral I.V. Catheter market and provides details about their previous and existing shares. The trends leading in the global Peripheral I.V. Catheter market have also been emphasized in the research report. The market study further provides an estimate of the aspects that are expected to influence the development of the market in an adverse or constructive manner. The global Peripheral I.V. Catheter market has been methodically inspected with regards to the equivalent market segments and estimation period. Each year within the distinct timeline has been briefly measured in terms of the value of the produce in the regional as well as global Peripheral I.V. Catheter market.

To give a clear idea of the global Peripheral I.V. Catheter market, the vendor landscape has been extensively gauged and also put into understanding along with the value chain analysis. Evidence on the ongoing and to be introduced research and development activities and funds raised for innovation purpose has also been delivered in the research report.

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Table of Contents

1 Industry Overview of Peripheral I.V. Catheter 1.1 Definition and Specifications of Peripheral I.V. Catheter 1.1.1 Definition of Peripheral I.V. Catheter 1.1.2 Specifications of Peripheral I.V. Catheter 1.2 Classification of Peripheral I.V. Catheter 1.2.1 Short PIVC 1.2.2 Integrated/closed PIVC 1.2.3 Type III 1.3 Applications of Peripheral I.V. Catheter 1.3.1 Hospitals 1.3.2 Ambulatory surgical centers 1.3.3 Clinics 1.3.4 Home use 1.3.5 Others 1.4 Market Segment by Regions 1.4.1 North America 1.4.2 China 1.4.3 Europe 1.4.4 Southeast Asia 1.4.5 Japan 1.4.6 India

2 Manufacturing Cost Structure Analysis of Peripheral I.V. Catheter 2.1 Raw Material and Suppliers 2.2 Manufacturing Cost Structure Analysis of Peripheral I.V. Catheter 2.3 Manufacturing Process Analysis of Peripheral I.V. Catheter 2.4 Industry Chain Structure of Peripheral I.V. Catheter

3 Technical Data and Manufacturing Plants Analysis of Peripheral I.V. Catheter 3.1 Capacity and Commercial Production Date of Global Peripheral I.V. Catheter Major Manufacturers in 2015 3.2 Manufacturing Plants Distribution of Global Peripheral I.V. Catheter Major Manufacturers in 2015 3.3 R&D Status and Technology Source of Global Peripheral I.V. Catheter Major Manufacturers in 2015 3.4 Raw Materials Sources Analysis of Global Peripheral I.V. Catheter Major Manufacturers in 2015

4 Global Peripheral I.V. Catheter Overall Market Overview 4.1 2011-2016E Overall Market Analysis 4.2 Capacity Analysis 4.2.1 2011-2016E Global Peripheral I.V. Catheter Capacity and Growth Rate Analysis 4.2.2 2015 Peripheral I.V. Catheter Capacity Analysis (Company Segment) 4.3 Sales Analysis 4.3.1 2011-2016E Global Peripheral I.V. Catheter Sales and Growth Rate Analysis 4.3.2 2015 Peripheral I.V. Catheter Sales Analysis (Company Segment) 4.4 Sales Price Analysis 4.4.1 2011-2016E Global Peripheral I.V. Catheter Sales Price 4.4.2 2015 Peripheral I.V. Catheter Sales Price Analysis (Company Segment)

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